Listed by Olympic Sotheby's Int'l Realty, Bought with Real Broker LLC
$587,000
SOLD JUL 28, 2025

14938 Frenchie Ln SE Yelm, WA 98597

3 Beds
1 Bath
1,368 Sq Ft
2.39 Acres

Recently Sold

$429 Per Sq Ft

1% Above List Price

Highlights

  • Barn
  • RV Access or Parking
  • Deck
  • Indoor Arena
  • Fruit Trees
  • Territorial View

About This Home

As of July 2025

A true equestrian dream! This 2.39+/- acre property is fully fenced & cross-fenced, designed w/horses in mind, feels like so much more. Enjoy a 60x100 covered arena w/ power & lights, for year-round training. +6 stalls for storage & additional dry lot w/run-in. A separate 36x48 barn adds 4 stalls, tack room, & grooming area. There's even a 24x36 shop w/ lean-to & a dog run. The 3-bedroom home offers warm cabin-style charm, great room concept, finished attic w/ 2 additional bedrooms, a newer roof, & efficient ductless heating. Everything you need for you and your animals - ready to ride!

Last Agent to Sell the Property

Deborah Dunham-Bouis

Olympic Sotheby's Int'l Realty License #12388 Listed on: 06/20/2025

Olympic Sotheby's Int'l Realty

Last Buyer's Agent

Doris Sierra Sanchez

Real Broker LLC License #123602

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2387488

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1975

Lot Details

  • 2.39 Acre Lot
  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in good condition

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Territorial Views
  • Storm Windows

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena
  • Stables

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window
  • Propane
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Yelm Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,771

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1975
  • Inclusions: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1368
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2387488?w=Consumer&agent=774847
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ceiling Fan(s), Double Pane/Storm Window, Fireplace
  • Living Area: 1368
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1368
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street, RV Parking

Utilities

  • Sewer: Sewer Connected
  • Water Source: Individual Well
  • Security: Fully Fenced, Security Gate
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 22617410300
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 2.39
  • Lot Size Sq Ft: 104108
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Arena-Indoor,Barn,Cable TV,Deck,Dog Run,Fenced-Fully,Gated Entry,Outbuildings,Propane,RV Parking,Shop,Stable
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3771

Multi Family

  • EnergySource: Electric,Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Jul 24, 2025
Sold by
Shields Timothy and Shields Erin
Bought by
Guzman Jesus Eliazar Jaco and Guzman Kimberly Michelle
Seller's Agent
Deborah Dunham-Bouis
Olympic Sotheby's Int'l Realty
Buyer's Agent
Doris Sierra Sanchez
Real Broker LLC
List Price
$584,000
Sold Price
$587,000
Premium/Discount to List
$3,000
0.51%
Views
10
Current Estimated Value
$573,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,392
Avg. Annual Appreciation
-8.82%
Original Mortgage
$567,408
Outstanding Balance
$566,445
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$7,163

Purchase Details

Listed on
Dec 13, 2016
Closed on
Mar 21, 2017
Sold by
Jones Cornelia
Bought by
Shields Timothy and Shields Erin
Seller's Agent
Cari Dinelt
Terry Wise & Associates
Buyer's Agent
Rhonda Olnick
Redfin
List Price
$350,000
Sold Price
$347,750
Premium/Discount to List
-$2,250
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$337,317
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jones Cornelia

Purchase Details

Listed on
Oct 10, 2014
Closed on
Apr 13, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jones Cornelia
Seller's Agent
Scott Cowan
Evergreen State Homes
Buyer's Agent
Cari Dinelt
Terry Wise & Associates
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$181,649
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2014
Sold by
Hough Richard E and Love Jennifer M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 7, 2006
Sold by
Pepper Nancy M
Bought by
Hough Richard E and Hough Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
8.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $587,000 Stewart Title
Warranty Deed $347,469 Thurston County Title
Warranty Deed $185,000 Servicelink
Special Warranty Deed $233,000 Chicago Title Insurance Co
Trustee Deed $278,983 None Available
Warranty Deed $225,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,408 FHA
Previous Owner $337,317 New Conventional
Previous Owner $181,649 FHA
Previous Owner $223,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2025 07/28/25 Sold $587,000 +0.5% $429 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $584,000 +67.9% $427 / Sq Ft
03/31/2017 03/31/17 Sold $347,750 +0.8% $254 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $345,000 -0.7% $252 / Sq Ft
01/24/2017 01/24/17 Price Changed $347,500 -0.7% $254 / Sq Ft
12/13/2016 12/13/16 For Sale $350,000 +89.2% $256 / Sq Ft
05/19/2015 05/19/15 Sold $185,000 -2.6% $135 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $189,900 0.0% $139 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/23/2015 01/23/15 Price Changed $189,900 -15.6% $139 / Sq Ft
12/17/2014 12/17/14 Price Changed $224,900 -10.0% $164 / Sq Ft
11/11/2014 11/11/14 Price Changed $249,900 -13.8% $183 / Sq Ft
10/10/2014 10/10/14 For Sale $289,900 -- $212 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,466 $512,100 $171,400 $340,700
2023 $4,466 $463,900 $171,800 $292,100
2022 $3,929 $417,700 $100,500 $317,200
2021 $3,879 $359,700 $115,900 $243,800
2020 $3,596 $310,200 $78,900 $231,300
2019 $3,080 $279,700 $75,000 $204,700
2018 $3,773 $280,100 $62,100 $218,000
2017 $3,233 $247,200 $60,900 $186,300
2016 -- $225,500 $59,700 $165,800
2014 -- $221,000 $61,500 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2387488

Northwest Multiple Listing Service (NWMLS)

APN: 22617410300